Oil prices fell on Monday even as fresh tanker attacks around the Strait of Hormuz underscored fragile Middle East supply routes. Brent crude dropped 1.47% to $103.18 a barrel by 0154 GMT, while West Texas Intermediate fell 1.68% to $90.31. Traders focused on President Donald Trump’s announcement of a Russia-Ukraine energy ceasefire and a deal
Crude oil price held steady on Friday, with Brent ending the week at $104.5 and the West Texas Intermediate (WTI) hitting $93. Brent has jumped by nearly 10% from its lowest level this month, and this recovery may continue as the Middle East erupts. Houthi and Saudi Arabia crisis escalates Crude oil prices reacted mildly
Gold crossed the $4,200-an-ounce mark briefly on Friday before giving up some gains, while silver climbed above $60 as easing Treasury yields and a retreat in oil prices supported precious metals. Spot gold was trading around $4,195 an ounce, up more than 1.5% on Friday, while December gold futures traded near $4,220 with a similar
Oil prices pulled back on Friday after their biggest one-day jump in weeks, as Donald Trump’s pledge to avoid attacking Iran before the US midterm elections removed some of the immediate geopolitical premium from crude. Brent fell about 1.3% to $102.91 a barrel in Asian trade, while West Texas Intermediate slipped to roughly $90.40. The
Gold is moving back towards $4,200 an ounce after one of its sharpest stretches of selling this year, as a softer dollar and easing Treasury yields give investors room to rebuild positions. Spot gold rose about 1% to around $4,177 on Friday, while US futures traded above $4,200. The move follows Wednesday’s slide to roughly
Oil prices declined around midday Thursday after US President Donald Trump said his administration does not plan to attack Iran before the November 3 midterm elections. Brent crude, which had been inching toward $106 a barrel, fell to around $103.50 after Trump’s comments. West Texas Intermediate crude also declined, slipping from around $93 to roughly
Gold prices rose in early trading Thursday while silver declined sharply as oil prices climbed and Treasury yields remained near multi-decade highs, keeping inflation and interest-rate risks in focus. At the time of writing, spot gold was trading at $4128 an ounce, up around 0.40% on the day. Spot silver fell close to 1% and
Oil prices climbed sharply on Thursday as rising attacks on tankers in the Middle East collided with hurricane-related production shutdowns in the US Gulf, reviving fears that supply risks are becoming physical rather than theoretical. Brent crude rose more than 2% to about $102.28 a barrel, while West Texas Intermediate gained nearly 2% to $89.94.
Gold prices rebounded on Thursday as the US dollar pulled back from an 18-month high, helping bullion recover from its weakest level since early August. Spot gold rose about 0.7% to $4,141.09 an ounce, while December futures gained to around $4,165. The bounce offers relief after a sharp slide driven by rising Treasury yields and
Oil prices rose on Wednesday, with Brent climbing above $101 a barrel and West Texas Intermediate above $90 as traders priced two fresh supply risks: a developing Gulf of Mexico hurricane and renewed Saudi-Houthi tensions. Brent traded around $101.63 while WTI reached $90.24. The immediate question is whether the move represents another temporary geopolitical premium